Here are our top picks for Lean Six Sigma news from around the web for the week of July 7, 2014.
Kraft Foods – Impact Of Cost Management Decisions
Kraft Foods implemented a Lean Six Sigma program two years ago and has recently upped its commitment to the Lean Six Sigma program. The company is presently facing hurdles in a competitive environment. A focus on improving efficiency and eliminating waste will allow Kraft to cut costs from within the production chain rather than closing plants.
Why This Company Will Continue to Dominate the Heavy-Duty Truck Market
Paccar grew its U.S. market share from 23% in 2003 to 27% in 2013, while its share of the European market expanded from 12% to 16% during the same period. Paccar is known for their focus on operational efficiency and they pioneered the adoption of Six Sigma in 1997. In addition to their Six Sigma adoption they also have a lean cost structure which has led Paccar to outperform Navistar, a peer and competitor.
Lean Six Sigma Improves Log Home Construction
Tim Jubach and his family are developers of log homes and land in Hocking Hills since 2002. They custom design through construction and after sale support. In 2003, Tim’s son joined the team and brought Six Sigma innovation to the company. His business experience not only complemented his father’s experience but also brought improvements to reduce waste. The company only has 5 employees and reported $2 million in revenue last year!